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Greetings from LSERS

Welcome to the June Edition of LSERS Employer eNews. This issue includes important information on upcoming deadlines and return-to-work Bus Operators. I encourage you to contact our knowledgeable staff to assist you with any questions or concerns.

-Charles P. Bujol

Enhancements to the Online Form - Salary Contributions Reporting and Corrections

You may notice changes on the LSERS’ online form – Salary Contributions Reporting and Corrections. These are enhancements for a better quality control on reported salary contributions. Changes are below:
 

1. The uploaded file will be
    rejected with an alert message if
    month/year selected at upload does
    not match month/year in the file.

2. Records with invalid social
    security numbers will be counted as
    rejected records and will not be
    posted to LSERS’ system.

3. Contribution type defaults to
    “Sheltered” if it contains blank or 
    invalid data in the uploaded file.

4. A new confirmation window after 
    clicking “Submit”:

  • Provides a summary data of uploaded records
  • Reminds you if this is an initial upload for reporting month/year, additional submission for the same month/year would be processed as corrections
  • Allows opportunity to cancel submission and return to fix errors/rejects
     5. A message with quick links to
         member’s “Personal Information”
         page and “Member Salary 
         Contributions Report by Employer”
         reminds you to verify updates after
         every submission.


Questions? Please contact Tracy Gaudet at 225.925.6922 or tgaudet@lsers.net.
Retiree Return to Work (RTW) under La. R.S. 11:1007 - Critical Shortage of Full-Time Bus OperatorsIn preparation for the upcoming FY2019-20, we have created the following list for your convenience. Please note that the employer requirements under La. R.S. 11:1007 are:
 
  1. Annual enrollment must be done between July 1 and September 1!
     
  2. Certify to the Board of Elementary and Secondary Education (BESE) that there is a shortage of qualified bus operators.
     
  3. Upload valid declaration. Declaration requirements:
     
    • Name of retiree
       
    • Date of birth of the retiree
       
    • Declaration of intent to rehire based on La. R.S. 11:1007
       
    • Must be signed by the superintendent AND the retiree  
       4. Report monthly salary
           contributions. 


                    • 8% contribution rate,
                    • Unsheltered contribution type

Questions? Please contact Kimberly Stephens at 225.922.0220 or kstephens@lsers.net.


                                                         


 

Fiscal Year End Close - Remember the Upcoming Dates!
 

July 15 – June 2019 salary contributions reporting and
payment due

July 24 – Last day to correct exceptions

July 25 – July 31 – LSERS internal adjustment period for remaining exceptions

August 1 – FY2018-19 prior year corrections process begins

August 15 – FY2018-19 annual RET files upload due

New Salary Reporting Exception Message for Part-Time Positions

A recent system update added a new exception message:
“Full-time earnings cannot be equal to or less than actual earnings for a part-time position.”

The actual earnings and full-time (FT) earnings are key factors for service credit calculations. The actual earnings is what the member is paid, and the FT earnings is what the member would have been paid had he/she worked in a FT capacity. Therefore, for a position classified as part-time (PT), the actual earnings must be less than FT earnings.

To fix the exception:
 
1. Correct the FT earnings for PT members by submitting an
    online salary contributions correction form, or

2. If the position status is no longer PT, email Kim Stewart at
    kstewart@lsers.net  to request changing the position status to
    FT. The email should contain the following:
  • Member name
  • Member last 4 digits of social security number
  • Effective date of the change
  • A Form 5PT – Report on Part-time service, for all years of PT service
Questions?  Please contact either Kim Stewart at 225.925.4411 kstewart@lsers.net or Tracy Gaudet at 225.925.6922 tgaudet@lsers.net.  

And, as always, we appreciate and welcome any and all comments, as this helps
us identify ways to make improvements for you and provide better service to our
members and employers. Feel free to provide feedback and suggestions using
the LSERS Satisfaction Survey on our "Contact Us" page on the LSERS website.

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